AI Insights · Timothy · October 2023
Top 5 Music and Podcasts Apps Performance in Switzerland Q3 2023
Discover the performance trends of the top 5 music and podcast apps in Switzerland for Q3 2023, including downloads, revenue, and active users.
The third quarter of 2023 saw some interesting trends in the music and podcast app market in Switzerland. Here’s a detailed look at the performance of the top 5 apps: Spotify - Music and Podcasts, Shazam: Find Music & Concerts, Play SRF: Streaming TV & Radio, Swiss Radio / Schweiz / Suisse, and YouTube Music.
Spotify - Music and Podcasts experienced a notable rise in revenue throughout Q3. Starting at approximately $40K in late June, it peaked at around $82K in the final week of September. Downloads exhibited a modest fluctuation, beginning the quarter at roughly 7.3K and closing at 7.4K. Weekly active users saw a slight decline from 1.64M to 1.60M by the end of the quarter.
Shazam: Find Music & Concerts maintained a consistent download rate, beginning at around 3.9K and ending at 3.8K. The app’s weekly active users showed some fluctuation, starting at 451K and ending at 438K.
Play SRF: Streaming TV & Radio showed a significant spike in downloads in mid-September, peaking at 4.8K. Weekly active users also increased from 24.2K to 26.8K over the quarter.
Swiss Radio / Schweiz / Suisse had consistent downloads, starting at 1.7K and slightly decreasing to 1.9K by the end of September. The app's revenue peaked at $208 in late July, with a slight decline to $88 by the end of the quarter. Weekly active users remained fairly stable, ranging from 2.2K to 2.1K.
YouTube Music saw a varied revenue trend, starting at approximately $64K and peaking at around $62K in the last week of September. Downloads fluctuated minimally, beginning at 2K and ending at 2.1K. Weekly active users saw a slight decrease from 597K to 569K over the quarter.
For more detailed insights and data on app performance, visit Sensor Tower.